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Contracts

Valmet to Supply Automation for Expedition Cruise Pair

Photo: Valmet

Valmet will supply automation and information systems for two luxury expedition vessels being built by Helsinki Shipyard Oy in Finland for Russia’s largest river cruise company Vodohod Ltd.The 113-meter-long and 20.2-meter-wide vessels will have an ice class of PC5 and a passenger capacity of 157 persons.

BP Issues Force Majeure Notice for Golar FLNG Unit

(Image: BP)

Golar LNG Ltd said on Tuesday that it received a force majeure notice from a BP Plc unit seeking to delay taking delivery of a floating liquefied natural gas facility by a year.The notice is the latest force majeure claim issued in the LNG sector that is struggling with a seasonal plunge in demand as well as the spread of the coronavirus outbreak,

Total Charters LNG Dual-fuel VLCCs

(Photo: AET)

Malaysian shipowner AET said it signed a deal with Total's Chartering and Shipping Services SA for the time charter of two liquefied natural gas (LNG) dual-fuel very large crude carriers (VLCC). The two newbuilds, which are able to carry about 300,000 tons of crude oil each, are scheduled to be delivered to AET from the first quarter of 2022.

HII Wins 1.5B Deal to Build 15th LPD for U.S. Navy

Image_1 2020-04-03_13-34-47.jpeg

Huntington Ingalls Industries (NYSE: HII) said that its Ingalls Shipbuilding division has received a $1.5 billion fixed-price-incentive modification to a previously awarded contract for the procurement of the detail design and construction of amphibious transport dock LPD 31. The ship will be the 15th

Concordia Damen to Build Training Vessel for STC Group

(Photo: Damen)

Concordia Damen said it has been selected to build a new training vessel for the STC Group for delivery in 2022.The new, environmentally conscious vessel will replace two training vessels – the Princess Christina and the Princess Beatrix – that the Rotterdam-headquartered maritime training institution

PowerCell Inks $7.5m Fuel Cell System Deal with Shipyard

PowerCell Sweden AB signed a contract with a European shipyard regarding the development and delivery of a 3MW megawatt marine fuel cell system. The system will be developed and delivered during three years and the total value of the contract for the period amounts to $7.5m.

Klaveness Expands Data Platform Contract with DNV GL

(Photo: DNV GL)

Following a three-vessel pilot project initiated in 2019, Klaveness Ship Management has opted to expand its contract with DNV GL's Veracity to sign up another eight vessels for the data platform service.The pilot saw Veracity partner with Arundo Analytics (Arundo) to install Arundo Edge Agent software

Navico Inks US Coast Guard Contract Through 2025

(U.S. Coast Guard photo by Class Ryan Dickinson)

Navico announced it has signed a five-year agreement with the U.S. Coast Guard (USCG) to provide C-MAP cartography under the USCG’s Small Boat Product Line (SBPL). Navico was selected for a competitive award by the USCG for products that met all of their technical needs. Navico’s C-MAP will

Contracted Rates to Fall Long-term Due to Conoravirus -Xeneta

Patrik Berglund (Photo: Xeneta)

The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. According to the latest XSI Public Indices report from Xeneta, March 2020 saw a small dip of 0.5% in rates after a sustained period of growth.

China Merchants Energy Shipping's Unit Orders and Sells Ships

China Merchants Energy Shipping Co Ltd  says it inked a deal to order four ships worth up to $118.7 million.It has also agreed to sell three ships worth $15 million to Sinopec Fuel Oil Singapore and Sinopec Fuel Oil Sri Lanka.

​​​​SCHOTTEL to Equip US Navy Tugs

Photo: SCHOTTEL

SCHOTTEL said it has secured several orders to provide propulsion systems for U.S. Navy vessels. This additional order of five Workboat Docking vessels and two YTL tugs – all of which are to be built at the Modutech Marine Inc. yard in Tacoma, Wash. Construction of the lead tug is to commence in 2020.

DP World Berbera Orders 8 RTG Cranes

Photo: Liebherr Container Cranes

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable speed diesel RTGs are six containers plus a truck lane

P&O Maritime Orders Two Chinese Newbuilds

(Image: Wärtsilä)

Dubai-based P&O Maritime Logistics (POML) said it recently secured a contract to build two vessels to support Ok Tedi Mining Limited’s (OTML) growing export requirements.The vessels, designed by Wärtsilä Ship Design, will be 5,400 DWT bulk and container carriers built at Fujian Mawei Shipbuilding Limited in China,

Svitzer Gets 10-Year Contract Extension with Sakhalin Energy Investment

Svitzer operating in Sakhalin, Russia. Image Courtesy Svitzer.

Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas.Svitzer has been providing

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